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Barry L. Nelson
Researcher at Northwestern University
Publications - 279
Citations - 15869
Barry L. Nelson is an academic researcher from Northwestern University. The author has contributed to research in topics: Stochastic simulation & Estimator. The author has an hindex of 53, co-authored 272 publications receiving 14815 citations. Previous affiliations of Barry L. Nelson include Lancaster University & Ohio State University.
Papers
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Proceedings ArticleDOI
Statistical uncertainty analysis for stochastic simulation with dependent input models
TL;DR: This paper uses the flexible NORmal To Anything (NORTA) representation for dependent inputs and employs the bootstrap to capture the parameter estimation error and an equation-based stochastic kriging metamodel to propagate the input uncertainty to the output mean.
Proceedings ArticleDOI
Using quantiles in ranking and selection procedures
TL;DR: Empirical evidence is provided supporting an approach using the mean of a group of quantile estimates as the comparison measure and the suggested procedure is shown to provide significant savings in simulation effort while sacrificing very little in accuracy.
Proceedings ArticleDOI
A confidence interval for tail conditional expectation via two-level simulation
TL;DR: A two-level simulation procedure is developed and evaluated that produces a confidence interval for tail conditional expectation, otherwise known as conditional tail expectation, which is closely related to conditional value-at-risk, expected shortfall, and worst conditional expectation.
Journal ArticleDOI
Metamodelling for cycle time-throughput-product mix surfaces using progressive model fitting
TL;DR: In this paper, a simulation-based methodology is proposed to map the mean of steady-state cycle time (CT) as a function of throughput (TH) and product mix (PM) for manufacturing systems.
Two-Level Simulations for Risk Management
TL;DR: Two-level simulation in general and a specific procedure for estimating a confidence interval for tail conditional expectation are discussed and ways of improving its efficiency are discussed.